Many unforgiven PPP money fall under one to-people organizations

Under 10% of the many Salary Safety System financing are nevertheless unforgiven, and a lot of people get into you to definitely-person businesses – businesses the program most intended to help.

We have been speaking this week in regards to the Paycheck Cover System, and therefore effortlessly paid off organizations to store experts towards the payroll during the the latest pandemic. That cash was available in the form of funds, and most ones fund was basically forgiven alot more than just 90%. That is inspite of the program getting criticized to possess providing money in order to undeserving receiver, actually downright scammers.

Usually are not could be the small percentage from individuals which have unforgiven PPP financing? Austin Prompt and that i was reporting about for NPR’s testing people, and you may whatever you discovered could possibly get amaze you. 続きを読む →